Endologix Reports Second Quarter 2018 Financial Results

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Endologix (ELGX) PT Lowered to $3.75 at Leerink Partners

August 13, 2018 5:42 PM EDT

Leerink Partners analyst Richard Newitter lowered the price target on Endologix (NASDAQ: ELGX) to $3.75 (from $4.50) while maintaining a Market Perform rating.

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Endologix (ELGX) Posts Q2 Loss of $0.28/Share; Lowers Outlook

August 9, 2018 4:43 PM EDT

Endologix (NASDAQ: ELGX) reported Q2 EPS of ($0.28), $0.13 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $44.7 million versus the consensus estimate of $44.45 million.

GUIDANCE:

Endologix sees FY2018 revenue of $145-155 million, versus prior of $170-$180... More